Common use of Invalidity of Credit Documents Clause in Contracts

Invalidity of Credit Documents. any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or under such Credit Document or satisfaction in full of all the Obligations, ceases to be in full force and effect; or the Borrower or any other Person (other than the Administrative Agent or any Lender) contests in any manner the validity or enforceability of any provision of any Credit Document; or the Borrower denies in writing that it has any or further liability or obligation under any Credit Document, or purports to revoke, terminate or rescind any Credit Document;

Appears in 5 contracts

Samples: Credit Agreement (DPL Inc), Term Loan Agreement (DPL Inc), Credit Agreement (Dayton Power & Light Co)

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Invalidity of Credit Documents. any material Any provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or under such Credit Document thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or the any Borrower or any other Person (other than the Administrative Agent or any Lender) Guarantor contests in any manner the validity or enforceability of any provision of any Credit Document; or the any Borrower or Guarantor denies in writing that it has any or further liability or obligation under any Credit Document, or purports to revoke, terminate or rescind any provision of any Credit Document;.

Appears in 1 contract

Samples: Credit Agreement (Arkansas Best Corp /De/)

Invalidity of Credit Documents. any material Any provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or under such Credit Document thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or the Borrower or any other Person (other than the Administrative Agent or any Lender) of its Affiliates contests in any manner the validity or enforceability of any provision of any Credit Document; or the Borrower, or a Person on the Borrower’s behalf, denies that the Borrower denies in writing that it has any or further liability or obligation under any Credit Document, or purports to revoke, terminate or rescind any provision of any Credit Document;; or

Appears in 1 contract

Samples: Credit Agreement (American Financial Group Inc)

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Invalidity of Credit Documents. any Any material provision of any Credit Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted under such Credit Document Section 10.01) or the satisfaction in full of all the Obligations, ceases to be in full force and effect; or the Borrower or any other Person (other than the Administrative Agent or any Lender) Issuer contests in any manner writing the validity or enforceability of any provision of any Credit Document; or the Borrower Issuer denies in writing that it has any or further liability or obligation under any Credit DocumentDocument (other than as a result of repayment in full in cash of the Obligations and termination of the Notes), or purports in writing to revoke, terminate revoke or rescind any Credit Document;.

Appears in 1 contract

Samples: Note Purchase Agreement (API Technologies Corp.)

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